Overview
What is Venezuela In Action Inc?
Venezuela In Action Inc is a nonprofit organization situated in Miami, Florida. Their primary mission is to assist the most vulnerable populations in Venezuela by providing essential necessities, hygiene supplies, medical equipment, and other humanitarian aid during the ongoing crisis. They aim to encourage the participation of other institutions and the general public in their efforts to alleviate the hardships faced by the people of Venezuela. In 2022, they donated a significant amount of 372,395 to support the basic needs of the Venezuelan people, including water tanks and hygiene and personal protection kits.
Official website here: www.viact.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70% (Two-Star out of Four Stars)
Venezuela In Action Inc has received a 70% rating from Charity Navigator, which equates to a Two-Star rating. This score reflects a moderate level of accountability and financial health. The organization has a strong program expense ratio of 83.83%, indicating that a significant portion of its budget is dedicated to its mission-related activities. However, the absence of independent board members and a conflict of interest policy raises concerns about governance and oversight.
While the nonprofit scores well in areas like material diversion of assets and liability management, the lack of transparency in its board composition and the missing tax form on its website could hinder donor trust. The organization does have listed policies for whistleblower protection and document retention, which are positive indicators of internal governance. However, improvements in board independence and conflict of interest management are necessary to enhance its overall accountability.
In summary, Venezuela In Action Inc operates with a strong focus on its programs but faces challenges in governance and transparency. Addressing these limitations could help bolster its reputation and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Venezuela In Action Inc legitimate?
Venezuela In Action Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venezuela In Action Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.viact.org/
What is the mission statement of Venezuela In Action Inc?
Venezuela In Action Inc aims to establish itself as an organization providing essential resources to the most vulnerable populations in Venezuela. This includes basic needs, hygiene supplies, medical aid, and other humanitarian assistance. The organization encourages participation from other institutions and the general public in its mission. In 2022, the organization donated a total of 372,395 to aid the Venezuelan people in meeting their basic human needs, such as providing water tanks and hygiene and personal protection kits during the crisis.
Official website here: www.viact.org/
Who is the CEO of Venezuela In Action Inc?
Yoslin Ortega is the President of Venezuela In Action Inc.
Official website here: www.viact.org/
What is the revenue of Venezuela In Action Inc?
Venezuela In Action Inc's revenue in 2022 was $460,061.
Official website here: www.viact.org/
Who are the executives of Venezuela In Action Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $88,400
- Related: $0
- Other: $0
- Compensation: $70,700
- Related: $0
- Other: $0
Official website here: www.viact.org/
Where can I find the form 990 for Venezuela In Action Inc?
Venezuela In Action Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.viact.org/
Learn more at the official website: www.viact.org/
Mission Statement of Venezuela In Action Inc
Venezuela In Action Inc is committed to becoming an organization that extends essential aid, hygiene supplies, medical assistance, and other humanitarian support to the most vulnerable populations in Venezuela. This nonprofit encourages the involvement of other institutions and the general public in its mission. By donating a substantial sum of 372,395 during 2022, Venezuela In Action Inc has contributed to addressing the basic human needs of the Venezuelan people, providing water tanks and hygiene and personal protection kits during the ongoing crisis. The organization aims to improve the living conditions of the most vulnerable populations in Venezuela, fostering collaboration and participation from various sectors of society.
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Impact
July, 2024
Venezuela In Action Inc's impact can be seen in the tangible support it provides to the most vulnerable populations in Venezuela. Through donations totaling $372,395 in 2022, the organization has helped the Venezuelan people cover their basic human needs by providing essential items such as water tanks, hygiene kits, and personal protective equipment during times of crisis. By encouraging the participation of other institutions and the general public, Venezuela In Action Inc plays a critical role in addressing the urgent humanitarian needs of those affected in Venezuela.
This information is meant to be a general summary of Venezuela In Action Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $460,061
Assets and Liabilities:
- Total Assets: $114,450
- Total Liabilities: $29,400
- Net Assets: $85,050
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Organization Details
Founding Year
2016
Phone
(877) 829-5500Principal Officer
Yoslin Ortega
Main Address
2450 SW 18TH ST, MIAMI, FL, 33145
Website
www.viact.org/NTEE Category
Code: Q33 - International
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